Erkki Liikanen, Finnish central bank president and ECB governing council member, said in an interview with Handelsblatt late-Tuesday, ECB does not plan to increase interest rates for the time being.
Key Quotes:
“We have stated that rates would remain low beyond the end of the [bond] purchases,”
It’s important maintaining “an inflation target close to 2 percent for the euro-area,” though “some countries have been above – some countries have been below.”
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